Don't curtail schemes in budget citing fiscal constraints, K.N. Balagopal tells UDF government
K.N. Balagopal, a senior CPI(M) leader, urged the UDF government to maintain existing schemes and not curtail spending in the upcoming Revised Budget. He emphasized that the previous LDF left state finances in good shape and the UDF should build on this foundation. He also called for pressure on the Centre to release Kerala's share of the Revenue Deficit (RD) grant, which has been withheld despite recommendations from the 16th Finance Commission.
19 JUN 2026
— The Hindu
Kerala's new Chief Minister-Finance Minister presented a revised budget emphasizing new economic themes while maintaining existing welfare programs.
— The Hindu
The Kerala State Budget for 2026-27 allocated only ₹1 crore for infrastructure development in Kochi, focusing on specific bridge projects.
— The Hindu
Former Finance Minister T.M. Thomas Isaac criticized the Kerala budget for insufficient funding to support its ambitious projects.
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